BREAKING: Govt adds vital infrastructure to overseas investment test

BREAKING: Govt adds vital infrastructure to overseas investment test
Pattrick Smellie
Foreign investment in essential infrastructure assets will be subject to a new 'national interest' test under further reforms to the Overseas Investment Act by Associate Finance Minister David Parker.The test will apply to any foreign investment application for such assets - electricity, telecommunications, and drinking water infrastructure, along with ports and airports - that are over $100 million in value, rising to $200 million in the case of countries in the Comprehensive and Progressive Trans Pacific Partnership trade and investment pact,...

More Infrastructure

Consolidation on the cards as cash no longer king
Economy

Consolidation on the cards as cash no longer king

Cash use has declined for two decades. 

Rebecca Howard 28 Mar 2024
Bridge collapse to cause traffic delays for US car exports
Infrastructure

Bridge collapse to cause traffic delays for US car exports

Industry was just starting to recover after covid pandemic. 

Bloomberg 28 Mar 2024
Councils need to get their mojo back: Anne Tolley
Infrastructure

Councils need to get their mojo back: Anne Tolley

She says local bodies need to take up the funding tools already available to them.

Oliver Lewis 28 Mar 2024
Steven Joyce to chair group looking at infrastructure agency
Infrastructure

Steven Joyce to chair group looking at infrastructure agency

The new National Infrastructure Agency will be up and running next year.

Oliver Lewis 26 Mar 2024